EMS Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for operations at Varshamedi Fee Plaza. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI circular no. HO/49/14/14(7)2025- CFD-POD2/l/3762/2026 dated January 30, 2026.
Contract Details
- Project Location: Varshamedi Fee Plaza at Km 13+125 for Four lane with paved Shoulder of NH-341 from Bhimasar, Junction of NH-41 to Anjar-Bhuj upto Airport Junction, Km 0.000 to Km 65.478 in State of Gujarat [and Maharashtra as mentioned in Annexure A]
- Nature of Work: Engagement of User Fee Collection Agency and upkeep/maintenance of adjacent Toilet blocks including recouping the consumable items
- Award Method: Competitive Bidding through E-Tender
- Contracting Entity: Domestic Entity (NHAI)
- Execution Time Period: 1 Year
- Order Value: ₹2,838.88 lakhs (approximately ₹283.9 crore), excluding TCS
Significant Terms and Conditions
The contract was awarded by a domestic entity (NHAI) through a competitive e-tender process. The company confirms that:
- No promoter/promoter group/group companies have any interest in the entity that awarded the order
- The contract does not fall within related party transactions